Rosatom denies claims on EUR 10 B price for Bulgaria's Belene NPP – (Balkans) The proposed price for the construction of two 1000 MW units of what was supposed to become Bulgaria's second nuclear power plant, Belene, was EUR 6.3 B, not EUR 10 B, as Bulgarian Prime Minister Boyko Borisov claims, Russian state company Rosatom stated on Tuesday…

Bulgaria PM Vows Simpler Installation of Green Energy Roofs – (Novinite) A meeting between representatives of three Bulgarian ministries, the State Commission for Energy and Water Regulation (DKEVR), and renewable energy industry representatives ended with an agreement to adopt legal changes ensuring the simplification of administrative procedures for the installation of photovoltaic panels on roofs and facades of existing buildings…

Bulgarian Cabinet approves renewable energy plan, offshore drilling tender – (Sofia Globe) In separate decisions on January 9, Bulgaria’s Cabinet approved a long-term renewable energy development plan, setting out targets for 2020 and a series of measures to meet those goals, and authorised the start of a tender for drilling rights on a large section of its Black Sea shelf…

Reservoir Granted Concessions for 18 MW Cehotina Hydroelectric Project in Bosnia - (MarketWire) is pleased to report that the Government of the Republika Srpska (an autonomous region of Bosnia and Herzegovina) has granted 30-year concessions to the Company's wholly owned subsidiary REV d.o.o. Foca ("REV"), to develop and build three run-of-river hydroelectric power projects ("HPP") on the Cehotina River…

Cost-effective electric lights may help Bosnia save EUR 50 mln annually - (Dalje) The use of incandescent light bulbs, which were phased out in European Union member states in 2012, accounts for the consumption of 1.12 billion kWh of electricity annually in households in Bosnia and Herzegovina, according to a report by local media on the widespread use of traditional bulbs…

Croatia

Croatia Finds Compromise with Gazprom – (Fried News) Croatia will be connected with the South Stream pipeline. The construction costs will total € 60m Until 2016, Gazprom will build a junction to Croatia. In the next months, Croatian Plinacro will establish a joint venture company…

Renewable energy in the center of Montenegro's energy sector reform – (Balkans) Montenegro pays special attention to the energy sector reform, as one of its greatest development potentials, in which renewable resources, primarily hydro and solar energy, take central stage, Prime Minister Milo Đukanović underlined Sunday in his speech at the opening of the 3th General Assembly of the International Renewable Energy Agency (IRENA), that takes place in Abu Dhabi, United Arab Emirates, from 13-14 January…

Montenegro adopts 2013 Energy Balance – (Balkans) Government adopted Energy balance for year 2013, where gross consumption is planned to be 3,634 thousand gigawatt hours, which is 8, 08% less than this year estimation of accomplishments…

Romania To Introduce 60% Surtax On Gas Producers – (Tax News) A draft law recently unveiled in Romania will introduce a temporary 60% income tax on gas producers in the country from February, including those operating in the country's Exclusive Economic Zone on the Black Sea…

Romanian TSO sheds light on electricity export cost rise – (ICIS) Romania's zonal tariffs have increased by 12% on average year on year. The rise of this component translates into total export costs to neighbouring countries rising by more than 9%, according to clarification from Transelectrica and trading sources active in the region…

Serbia Complains about High Price of Russian Gas – (Mena) The Serbian Energy Minister Zorana Mihajlovic has reiterated that the price of imported Russian natural gas was too high considering the level of friendly relations between the two countries…

Russian gas prices increase for Armenia – (Trend) A final decision has been taken concerning the price of Russian gas for Armenia. Starting in April, Gazprom will sell 1000 cubic meters of gas for $240 instead of the current $180, informed sources at the Zhohovurd newspaper reported, an Armenian report said…

Azerbaijan to bring capacity of alternative energy sources to 2000 megawatts – (Trend) According to primary estimates, the amount of funds required to bring the share of alternative and renewable energy sources in energy production in Azerbaijan to 20 per cent, will be around seven billion manat, head of the investment department of the Azerbaijani Ministry of Industry and Energy and national coordinator of the INOGATE programme Ramiz Rzayev told media today…

After Nabucco, TAP too proposes shares to Azerbaijan – (EurActiv) The Trans-Adriatic Pipeline (TAP ) group has agreed offer up to 50% of its shares to the Shah Deniz gas consortium - made up of Azerbaijan's state gas company SOCAR and leading European energy partners…

Azerbaijan's Aliyev shrugs off BP-Russia alliance – (CNN) Azerbaijan's President Ilham Aliyev has rejected suggestions that BP's new alliance with Rosneft, the Kremlin-controlled oil company, will provide scope for Russian interference in his country…

Projects Block VIII > Overview – (Georgian Energy Limited) Block VIII is located in the Rioni Basin in Central Georgia, 50km west of Tbilisi, covering an area of 4,760 sq. km. The Rioni Basin lies in the centre of the Black Sea, Caucasus and Caspian Region, a complex area of deep sedimentary basins and young mountain chains…

Russian government energy commission to discuss licensing, oil spills in Feb: minister– (Platts) The Russian government's energy commission will discuss licensing issues, including changes to the license for the Trebs and Titov field, as well as ways to tackle oil spills at its next meeting, likely to take place in February, Russia's natural resources minister Sergei Donskoy told reporters on the sidelines of Wednesday's session of the Federation Council, the upper house of the Russian government…

Glance: A look at the facts and figures behind Russian energy giant Gazprom – (The Washington Post) Russian energy giant Gazprom is spending billions to expand its already massive footprint in Europe. Born out of the Soviet gas ministry in the rush of Russian privatizations, Gazprom is effectively the country’s gas industry, accounting for about 80 percent of the country’s natural gas output…

EFET contracts make progress in Turkish power, gas sectors – (ICIS) A total of 20 Turkey-based electricity companies are thought to have signed the master agreement developed by the European Federation of Energy Traders (EFET), raising hope that activity on the over-the-counter market may increase this year, EFET's representative said…

Privatization of Turkey’s energy sector as a step towards EU – (Trend) Turkey's progress in the next wave of privatization of the energy sector is obvious. Practical implementation of the privatization are transferred to the ownership in 2012 and actively developing Petkim petrochemical holding, Seyitomer thermoelectric plant, Gediz and Akdeniz network companies…

Ukraine United Energy Systems to pay hefty debt – (The Voice of Russia) Ukraine’s Supreme Commercial Court has dismissed a cassation appeal, lodged by the Ukrainian government in connection with a hefty debt, due to be paid off by United Energy Systems of Ukraine (UESU)…

Ukraine readies giant shale gas deal with Shell – (EurActiv) Ukraine took a step closer to a breakthrough shale gas deal with global energy major Royal Dutch Shell when local authorities in the eastern Donetsk region approved a planned production sharing agreement…

Ukraine Considers Importing Gas From Slovakia – (Heraldonline) Ukraine is exploring two additional options of reverse gas supply from Europe, stated the Minister of Energy and Coal Industry of Ukraine Eduard Stavytskyi on January 18, 2013, not disclosing the said options.

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United States Energy Association (USEA) is the U.S Member Committee of the World Energy Council, the UN-accredited global energy body that advises global energy leaders and countries on energy resource management. USEA’s team of international energy specialists work with the federal government, energy companies and energy ministers to build out energy infrastructure in developing countries. USEA also serves as a bipartisan advisory organization that represents 150 members across the U.S. energy sector, from the largest Fortune 500 companies to small energy consulting firms.